# The Rates (Payment of Interest) Regulations (Northern Ireland) 2007, Regulation 2: Interpretation

Extent: N.I.

In these Regulations—
“the 1977 Order” means the Rates (Northern Ireland) Order 1977;
“business day” means any day except a Saturday, Sunday, Christmas Day, Good Friday or a day which is a bank holiday under the Banking and Financial Dealings Act 1971 in Northern Ireland;
“crediting” means crediting against subsequent liability to a rate; and
“repayment” means a repayment or, as the case may be, a crediting by the Department of any amount paid on account of a rate or any amount paid pursuant to an agreement under Regulations under Article 29A of the 1977 Order, but does not include a repayment or crediting of any amount under —
(a)Article 11(4)(b), 30D or 33B of the 1977 Order;
(b)a scheme under section 122(1) of the Social Security Contributions and Benefits (Northern Ireland) Act 1992 for the provision of housing benefit; or
(c)a rate relief scheme under Article 30A of the 1977 Order.

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Source: https://www.legislation.gov.uk/nisr/2007/149/regulation/2 (the official version)
Page: https://openlegislation.uk/rates-payment-of-interest-regulations-northern-ireland-2007/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.